Cirata (CRTA) investor relations material

Executive summary

• Achieved record data integration bookings in FY 2025, reaching $13.2 million, up over 180% year-on-year, with Q4 FY 2025 bookings at $9.8 million, up over 300% year-on-year.

• Secured the largest OEM contract ($6.7 million) and largest direct contract ($3.1 million) in company history.

• Launched Cirata Symphony, a new data orchestration platform, expanding the addressable market and receiving early positive market response.

• Divested DevOps assets for $3.4 million, sharpening focus on core data integration and orchestration.

• Completed FCA investigation after two and a half years, with no action taken.

Financial highlights

• FY 2025 data integration bookings reached $13.2 million, up 181% year-over-year, the highest since 2017.

• Q4 FY 2025 bookings were $9.8 million, a record quarterly performance, up 326% year-over-year.

• Total contract bookings in FY 2025, including discontinued operations, were $13.9 million, up 96% year-over-year.

• Cash burn in Q4 FY 2025 was $1.3 million, a 59% reduction from Q4 FY 2024.

• Unaudited cash position at year-end was $4.0 million, with $3.4 million in short-term receivables.

Outlook and guidance

• FY 2026 targets: operating expense run rate of $12–$13 million, cash flow positive in Q1, and cash break-even for the year, subject to bookings timing and working capital.

• FY 2026 will introduce Annual Contract Value (ACV) as a key growth KPI.

• New business expected to be second-half weighted due to enterprise sales cycles and go-to-market restructuring.

• Continued focus on product development, customer validation, and new customer acquisition as sales team matures.

• Revenues and cash flows expected to remain lumpy due to the non-linear nature of enterprise software sales.